Once you’ve defined your target and created the list, reach out to your networks to see if you are connected in any way to the person or organization you seek. This includes direct outreach – emailing or calling them – and exploring your LinkedIn contacts. Remember, you are looking for an introduction. That’s it! You want the opportunity to meet with the prospect. When your friend or associate introduces you to the prospect, follow up and set up the meeting.
(i) Google and MarketShare conducted Marketing Mix Modelling in Australia for five medium SUV brands* to reveal how various marketing channels impact revenue. To learn what they discovered download ‘Maximising Medium SUV Revenue: Australian Marketers Shift to Digital‘.
May and June are prime time for high school and college graduation, and one of the most prized gifts a graduate could receive is a brand new car. Wouldn’t it be great if your dealership could make that happen for a local grad? The terms of the contest are obviously up to you, but when a car is up for grabs, word has a way of traveling fast and making your dealership look incredibly generous.
I’m the detail manager at a Toyota/Scion/Lexus dealer in the northwest, and let me go ahead and chime in here. The main point, is that the detailer is the LAST person to touch your car before you take delivery.
The salesman who works with it every day knows what he’s doing with the 4-square a lot better than you do. Any attempt to deviate the conversation to monthly payments, or anything other than final price, is an attempt to get you to pay more money. It’s often very hard to get salespeople to discuss final price. They’d much rather talk payments, because payments can hide what you actually end up paying. A monthly payment of $200 on a 2012 Civic with $5000 down sounds great, until you realize that it’s a 5 year loan and you’re paying 20 grand for the base model that MSRPs at 15.
The latest data from Google shows that vehicle research and purchase decisions are increasingly influenced by video. More than half of auto shoppers watch 30 minutes or more of videos as part of their vehicle research.
Despite roadblocks, avenues do exist to reach auto shoppers online. When OEMs already spend huge sums of money on traditional media campaigns, auto marketers can link their digital efforts to these campaigns to fully support the shoppers’ research processes.
We also decided to take a look at how dealerships use marketing automation. Marketing automation tracks what a website visitor is looking at and engaging with online. Marketing is then automatically personalized for that person.
Because guards are often seen within arm’s reach of a celebrity, some think they must be having the same experiences. Not so. “A big misconception is that we’re living the same life as celebrities do,” Kalaydjian says. “Yes, we’re on a private jet sometimes, but we’re not enjoying the amenities. We might live in their house, but we’re not enjoying their pool. You stay to yourself, make your rounds.” Guards that get wrapped up in a fast-paced lifestyle don’t tend to last long, he says.
At Lenovo, the global technology giant, many of these cross-functional teams become so used to working together that it’s hard to tell where each member originally belonged: “You can’t tell who is business or IT; you can’t tell who is product, IT, or design,” says the company’s CIO, Arthur Hu.
If you haven’t been living in a cave for the last few years, then you already know that the digital revolution has gone mobile. The growth in mobile apps and the mobile internet has been staggering; as of July 2012, 95,176,000 US consumers accessed the mobile internet and an additional 101,802,000 accessed the web through mobile apps2, an 82 and 85 percent increase respectively. And this kind of growth shows no signs of slowing down.
Offer an incentive for people to speak good things about you to their family and friends. The average person won’t always trust a used car business, but they will trust others who have had a good experience. Help them save money on fuel, maintenance, or other service packages if you have an ambassador helping you out.
We’re ‘gearing up’ for The Digitals on June 27th, so we thought we’d take a closer look at some inspiring examples that really caught our eye, starting with our Automotive category so expect speed, dangerous curves and terrible car-based puns aplenty…
The application entices fans to create their own infographic to see how they rank against Todor Todorov, someone the BMW social media team has identified the “Official BMW Superfan.” At the end of the personal generated infographic fans can see how they score against Todor. I wasn’t too far from making superfan status generating a score of 217 vs Todor’s 295. If only I liked more International pages or liked a few more BMW posts, superfan status could be mine!
On the other hand, reports on millennial car buyers suggest that virtually all their car shopping starts online, before walking into a showroom. If you’re not online, you’ll likely miss these buyers.
Every vehicle owner will want to know how to maintain their auto. By providing classes, it will be possible to drive potential clients into your showroom. Ideally, these classes will be held on a monthly basis and will be free. To further encourage students, offer a gracious discount if they purchase a vehicle. A few hundred dollars can mean the difference between a sale being made or not. Since the potential client is already at your location, take advantage of the situation and promote to them after each and every class.
No.4: Most dealerships start with generic newsletters – one version sent to all prospects – because it’s easy to do. That’s a great start. But over time, you should use the tool more creatively and learn to segment and personalize those newsletters. It will have a big impact on results.
Most dealerships make 1.5% over invoice in profit. That’s usually $1250 for a new car, of which the sales person gets 25%. On a used car though, if they make $3000, it makes a difference. Most used cars are priced to profit by $1000 to $3500, depending on the market.
By collecting specific responses from prospects through an auto dealership survey, you have the chance to intelligently approach them without appearing too pushy. For example, if you know your prospect-family owns a dog, you could customize a collar and send it across to the family by adding a note that says “he is going to love taking family vacations in *whatever car they were interested in buying* ”.
A career as a car salesperson requires salesmanship and highly developed interpersonal skills. These professionals hold at least a high school diploma or its equivalent but many opt for more advanced degrees to distinguish themselves.
That’s far too many, especially in the case of Chevrolet. When you think of a Chevy, what comes to mind? You might think of the Corvette or a truck like the Colorado or Silverado. But the image is fuzzy because GM has fractured the brand into so many pieces (including the Spark, the Cruze, the Volt, etc.) that some of those pieces wilt under the glare of auto retail inspection.
Automotive Marketing has changed. The problem is, most dealers haven’t changed along with it. The internet has turned the way consumers research and buy cars completely upside down. They come in knowing just as much, if not more, than the salespeople because of this.
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Because here’s something you probably already know about customers: they’re going to complain louder than they praise. What that means is, you’re going to find that for every 10 happy customers, only one submits a good review. But for every three unhappy customers, one or more will definitely submit a negative review.
Create a company profile for your dealership and optimise the listing with services and detailed descriptions, and keep it up-to-date with promotions. Actively using the listing in a professional environment is a great opportunity to generate promotion for vehicle leasing and other business services.